$BTC is trading around the mid-$86K area, after briefly pushing above $87,000 yesterday. BTC reached about $87,229 before pulling back as resistance appeared.
Current zone: ~$86K
Key resistance: $87K–$88K
Key support: $84K–$85K
Momentum: Short-term recovery, but BTC needs a sustained break above $87K to strengthen the upside structure.
ETF flows: U.S. spot BTC ETFs recorded about $102.7M net inflows on Oct. 1, reversing the previous day's $148.7M outflow.
Macro: Weak U.S. jobs data is increasing expectations that the Fed may skip an October rate hike, which has helped risk assets including BTC.
Current zone: ~$86K
Key resistance: $87K–$88K
Key support: $84K–$85K
Momentum: Short-term recovery, but BTC needs a sustained break above $87K to strengthen the upside structure.
ETF flows: U.S. spot BTC ETFs recorded about $102.7M net inflows on Oct. 1, reversing the previous day's $148.7M outflow.
Macro: Weak U.S. jobs data is increasing expectations that the Fed may skip an October rate hike, which has helped risk assets including BTC.